After completing a $15 billion U.S. dollar bond issuance, Meta launched its first euro bond offe

Meta Platforms launched its first-ever euro-denominated bond sale, divided into six tranches with maturities ranging from just over four years to more than 38 years, following a $15 billion dollar-denominated bond issuance on Tuesday. Initial price guidance ranges from about 140 basis points over mid-swaps for the shortest tranche to roughly 370 basis points for the longest. The dollar deal drew robust demand, with investor orders reaching as high as $58 billion, and Citigroup and Morgan Stanley are underwriting the euro sale, which is expected to price late Wednesday. The move marks Meta's first bond issuance outside its home U.S. market and signals a broadening of its debt investor base to fund its capital needs.